India’s oilmeal exports declined by 21% to Rs 12,171 crore in FY25, driven mainly by an 11% fall in overall export volumes, according to the Solvent Extractors’ Association of India (SEA).

During the last financial year, India exported 43.42 lakh tonnes of oilmeals, down from 48.85 lakh tonnes in FY24. The decline was primarily due to reduced shipments of rapeseed and castorseed meals, SEA said in a statement.

Regarding value, exports dropped from Rs 15,368 crore in FY24 to Rs 12,171 crore in FY25, reflecting lower international demand and decreased volumes, SEA Executive Director B V Mehta confirmed.

Among major buyers, Bangladesh remained the largest importer of Indian oilmeals despite political challenges. The country imported 7.42 lakh tonnes in FY25, 17% lower than the 8.93 lakh tonnes imported the previous year.

South Korea emerged as the second-largest buyer with 6.99 lakh tonnes of oilmeals imported in the fiscal year, representing a 16% drop from the previous year. Thailand followed as the third-largest importer, buying 4.48 lakh tonnes in FY25 — a 25% fall from 6.33 lakh tonnes in FY24.

The drop in exports across key markets indicates shifting demand dynamics and possible challenges for Indian exporters, particularly in maintaining momentum amid global uncertainties.

Curious About FMCG Stocks? Ask the Analyst.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!